Leaders of Har-co Federal Credit Union told its members that the CU needed to convert to a federal thrift charter in order to serve more people, but the NCUA has no record of the CU ever applying for a community charter.

Adopting community charters and adding underserved areas have become ways credit unions have sought to expand their fields of membership as credit unions.

The agency's records also showed that the last time Har-co applied to add a group to its field of membership was nine years ago, in 2002.

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